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Underwriting Internships information

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How much do underwriting internships jobs pay per hour?

As of Jul 27, 2026, the average hourly pay for underwriting internships in the United States is $22.75, according to ZipRecruiter salary data. Most workers in this role earn between $18.75 and $25.72 per hour, depending on experience, location, and employer.

What is the difference between Underwriting Internships vs Actuarial Internships?

AspectUnderwriting InternshipsActuarial Internships
Required CredentialsHigh school diploma or ongoing college coursework, some certificationsTypically pursuing a math, statistics, or actuarial science degree; actuarial exams beneficial
Work EnvironmentInsurance companies, underwriting departments, office settingInsurance firms, consulting, or actuarial departments, office setting
Industry UsageCommon in insurance and finance sectorsPrimarily in insurance, finance, and consulting industries
Search & Comparison IntentUnderstanding entry-level underwriting roles and career pathsExploring actuarial career options and internship opportunities

Underwriting Internships focus on evaluating insurance applications and assessing risk, often requiring coursework in business or finance. Actuarial Internships involve analyzing statistical data to predict risk and may require progress in actuarial exams. Both roles are office-based and industry-specific, but they differ in technical focus and certification paths.

What types of projects and tasks can I expect to work on during an underwriting internship?

As an underwriting intern, you'll typically assist with reviewing and analyzing risk data, preparing policy documentation, and supporting senior underwriters in evaluating applications. You may also participate in team meetings, research industry trends, and help maintain internal databases. This hands-on experience provides valuable exposure to real-world decision-making processes and helps develop your analytical and communication skills, which are essential for a career in underwriting.

What are underwriting internships?

Underwriting internships are temporary positions that allow students or recent graduates to gain practical experience in the field of underwriting, which involves assessing risks and determining the terms for issuing insurance policies or loans. Interns typically work alongside professional underwriters at insurance companies, banks, or financial institutions, learning how to analyze applications, evaluate financial data, and understand industry regulations. These internships help individuals build relevant skills, gain industry exposure, and can often lead to full-time opportunities after graduation.

What are the key skills and qualifications needed to thrive as an Underwriting Intern, and why are they important?

To thrive as an Underwriting Intern, you should possess strong analytical skills, attention to detail, and a foundation in finance or business through coursework or a relevant degree program. Familiarity with Microsoft Excel, underwriting software, and basic statistical analysis tools is often expected. Effective communication, curiosity, and a willingness to learn help interns collaborate with teams and absorb complex concepts quickly. These competencies enable interns to accurately assess risk, support decision-making, and contribute to the underwriting process efficiently.
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What cities are hiring for Underwriting Internships jobs? Cities with the most Underwriting Internships job openings:
What are the most commonly searched types of Underwriting Internships jobs? The most popular types of Underwriting Internships jobs are:
What states have the most Underwriting Internships jobs? States with the most job openings for Underwriting Internships jobs include:
Aetna/CVS Health Virtual Underwriting Externship Program - Intro to Insurance & Underwriting

Aetna/CVS Health Virtual Underwriting Externship Program - Intro to Insurance & Underwriting

CVS Health

Hartford, CT • On-site, Remote

$19.75 - $27/hr

Part-time

Posted 2 days ago


CVS Health rating

5.8

Company rating: 5.8 out of 10

Based on 4,317 frontline employees who took The Breakroom Quiz

88th of 109 rated pharmacies


Job description

Bring your heart to CVS Health. Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand - with heart at its center - our purpose sends a personal message that how we deliver our services is just as important as what we deliver.

Our Values in Action support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient, and affordable.

Position Summary:

Are you a current college student eager to explore the dynamic world of insurance and underwriting? Join us for a transformative 3-week virtual externship program designed to introduce you to the fundamentals of underwriting and risk analysis and offer professional development sessions to build your professional skill set. This program is ideal for individuals looking to learn more about the underwriting field and jump start their career with an industry leader.

The Underwriting Externship Program looks to provide externs with immersive, hands-on underwriting experience that helps them understand the role of a full-time underwriter and Aetna's underwriting organization. This program serves as one of the primary pipelines for the Underwriting Internship Program and the full-time Underwriting Leadership Development Program.

You will also have the opportunity to apply and interview for a position in our 2028 Summer Corporate Underwriting Internship Program (UIP). This program is intended to take place at our Hartford, CT office location following a hybrid work model.

Position: Underwriting Extern

Duration: Three Week Program; Tuesday, Wednesday, Thursday from 3:00pm-4:30pm ET

Program Dates:

  • Week 1: September 29th, 30th and October 1st
  • Week 2: October 6th, 7th, 8th
  • Week 3: October 13th, 14th, 15th

Location: Remote/Virtual (Using your own personal laptop/computer)

Program Overview:

  • Unpaid Educational Experience: Participants who complete the program will receive priority during the following internship recruiting season.
  • Introduction to Underwriting: Learn the basics of underwriting, risk analysis, and pricing strategies.
  • Virtual Training Sessions: Engage in interactive virtual sessions led by industry experts to deepen your understanding of underwriting concepts and practices.
  • Case Studies: Apply your knowledge to real-world scenarios and collaborate with peers to analyze risks, make underwriting decisions, and present recommendations.
  • Professional Development: Gain insights into career paths within the insurance industry, receive mentorship from seasoned professionals, and build foundational skills in communication, problem solving, and decision-making.
  • Networking Opportunities: Connect with company leaders, underwriters, and other industry professionals to expand your network and gain valuable insights into the industry.

Required Qualifications:

  • Currently enrolled in an undergraduate program; Sophomore students preferred (12/2028 - 5/2029 Graduation date).
  • Access to a computer with reliable internet connection for virtual sessions.
  • Available for ALL Externship Dates (listed above)

Preferred Qualifications:

  • Majors in: Risk Management/Insurance, Math, Statistics, Business Analytics, Economics (and related majors)
  • Strong analytical skills and attention to detail.
  • Excellent communication and interpersonal skills.
  • Curiosity about the insurance industry and eagerness to learn about underwriting and risk analysis.

Program Highlights:

  • Gain a comprehensive understanding of underwriting and risk analysis from industry leaders.
  • Develop foundational skills essential for a successful career in the insurance industry.
  • Build a professional network and establish connections with insurance professionals.
  • Receive a certificate of completion at the end of the externship.
  • Receive priority in the following underwriting internship recruiting process.

Recruiting Process:

To be considered, please submit a resume with your application. We will be reviewing applications on a rolling basis with the opportunity tentatively closing on Sunday, September 6th, at 11:59 p.m. (ET) or if externship spots are filled sooner. The recruiting process consists of an On-Demand Virtual Interview. We will inform you of an interview decision two weeks after your interview submission.

Embark on a journey of exploration and discovery in the world of underwriting with one of the top insurance companies. Apply now and take the first step towards a rewarding career in insurance!

This role is part of an unpaid program and is not eligible for pay or benefits.

This job does not have an application deadline, as CVS Health accepts applications on an ongoing basis.

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.


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